Reduced to recent appraised value. This beautiful custom waterfront estate home is located within Island Estates ,an exclusive gated community of Hammock Dunes. A brand new dock with composite decking and a 10,000 lbs boat lift was just installed. The dramatic entrance is bright, spacious, and boasts two story ceiling heights throughout the living /dining rooms as well as the foyer. Enjoy the gorgeous views of the pool and the beautiful grounds from all the main living areas. The kitchen, breakfast nook and family room with fireplace opens to the lanai and pool. The private second floor bonus room and bedroom has a separate full bath and views out to the lanai/pool. The screen enclosure surrounds the pool, covered lanai and outdoor entertaining area. The 3 car garage offers plenty of storage. With optional membership to Hammock Dunes Club you will be able to enjoy the world class facilities including two golf courses, fitness facility, Junior Olympic sized swimming pool, tennis complex, bocce courts, croquet courts, and two clubhouses with relaxed and gourmet dining.